355-365 Prospect St & Clary St, Cambridge, MA 02139
View Map
$7,200,000
12 Unit
26 Beds
12 Baths
13602 SQFT
0.16 Acre

Property Description

Listing includes both 355-365 Prospect Street & 6-8 Clary Street. Situated on one tax-parcel, 355-365 Prospect Street & 6-8 Clary Street is a two-building, three-storied multi-family property that contains a total of twelve (12) units, comprised of Ten (10), 2-Bedroom/1-Bathroom units and Two (2), 3-Bedroom/1-Bathroom units with 13,602 square feet of living space in 18,136 square feet of total gross area on a 0.16-acre parcel. 355-365 Prospect consists of Nine (9) units with Nine (9) Two-Bedroom/1 Bathroom Units. 6-8 Clary Street consists of three (3) units with (2) 3-Bedroom/1-Bathroom units and one (1) 2-Bedroom/1-Bathroom unit. The Property features hardwood floors throughout and in-unit washers and dryers. Several units feature modern upgrades and renovations. Each unit is separately metered for gas, heat, hot water and electricity. 6-8 Clary Street is sub-metered for water and sewer. Total Rent is actually $40,975, exceeding the maximum listing allowed by MLS website.

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 5
  • Total Bedrooms: 26
  • Total Full Baths: 12
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 492631
  • Gross Expenses: 83988
  • Net Operating Income: 408643

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73415683
  • Last Updated: 08/08/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/08/2025New$7,200,000$529MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 1.5
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-08-08 15:53:00